Inox Wind |Breakout of cup and Handle| Latest stock market news

(3 minutes read)

Stock name: Inox Wind

Pattern: Breakout cup and handle pattern

Time frame: Daily

Observation:

The stock has been forming cup and handle pattern since November 2022 and after this consolidation for the 8 months, today this stock has given a break out. As per technical analysis, if price holds the breakout point, it may show trend continuation on the upside.


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Disclaimer: This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before taking any financial decision.

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3) Titan shares fell nearly 3% today after Morgan Stanley downgraded the stock to 'Equal Weight'.